AMMAN, Nov. 22 (Xinhua) -- Jordan started on Thursday imposing custom duties on imports from Turkey after terminating a free trade agreement between the two countries, said an official.
Customs duties ranging from 20 per cent to 30 per cent will be imposed on Turkish imports after the free trade agreement was officially terminated between the two sides, Yanal Barmawi, spokesperson of Jordanian Ministry of Industry and Trade, told Xinhua Thursday.
In March, Jordan's government suspended the agreement, saying it negatively affected local industries.
The decision seeks to curb any further negative impacts on the industrial sector in Jordan in light of the imbalanced competition with Turkish products that are supported by the Turkish government.
The decision is part of the government's efforts to review all free trade agreements and study their benefit to the economy.
The government said the deal, which went into effect in 2011, did not achieve the expected results as the trade balance sharply increased in favor of Turkey and Turkish investment did not significantly increase in Jordan as stipulated by the deal.
Representatives of the industrial sector in Jordan have repeatedly complained about the deal and called for revising it, while several others called for revoking the deal.
